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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Muncie at 4704 N Camelot Dr, Muncie, IN, 47304 generates $1,800/mo in rent and, after a $978/mo payment, leaves $600/mo in cash flow. Total monthly income is $1,800/mo, and annual cash flow is $7,205/yr on $66,267 invested. Return on cash invested sits at 30.78% in year one, and rental yield is 10.81% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 160.95% and total cumulative return in cash sums $106,657. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47304, Muncie, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,248 (100%) |
| Owner Occupied HU | 8,917 (62.6%) |
| Renter Occupied HU | 4,021 (28.2%) |
| Vacant Housing Units | 1,310 ( 9.2%) |
| Median Home Value | $182,063 |
| Average Home Value | $213,231 |
Residential
14,165
Single Family
13,054
Multi-Family
1,111
Businesses
706
Date | Event | Price |
|---|---|---|
| 2025-05-15 | Listed for sale | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-16 | $1172.52 | 2.00% | $124,200 | N/A |
| 2023-05-16 | $1149.52 | 2.00% | $124,200 | -3.04% |
| 2022-05-16 | $1127.00 | N/A | $128,100 | 13.66% |
Listed by: Rebekah Hanna • RE/MAX Real Estate Groups
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517896
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
